Something that might happen -A company sells some of its property. The proceeds are lying in the company (after the company paying capital gains tax on the gain from the sale). What is the most tax efficient way for the directors to get the money out of the company - to avoid paying more CGT on the distribution. I have heard that taking it out into a pension scheme might be the best. Is this what an Executive Pension is suitable for. Is there something that the directors must be over 55 years to do it.
Where can I get information on this. Any links or publications. I would like to do some self educating before talking to an adviser.
Where can I get information on this. Any links or publications. I would like to do some self educating before talking to an adviser.